-- Connecting the dots between our economy, government and business --
Summary and audio linked here.
Chicago’s political leadership is floating a pension buyout program as evidence it is seriously addressing the city’s thirty-six-billion-dollar unfunded pension liability, but Mark Glennon, founder of the Illinois policy research organization Wirepoints, said that the proposal moves debt from one column to another rather than reducing it, and that the broader fiscal picture facing the city continues to deteriorate across every measurable dimension. Audio here.
Expect no retraction or apology. This what they do.
The state’s existing buyout program for its own pensions is the precedent for Chicago, which should be a warning: Look out for similar exaggerated claims and shoddy analysis.
Full interview and summary linked here.
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This just another bottomless pit of expense, non performance and no results. It is another way of the democratic machine to shovel money into “education” in the name of healthcare. Every program and budget is over, they are spending on credit and they continue to pour money into education. Makes no sense.
Public schools are failing students with education. So much so that the state has to lower requirements for proficiency. JB shouldn’t be allowed anywhere near student mental health evaluations.
Brooks is the real deal. I wish I had the money to support him the way he deserves.
I wish he would run for the Senate or Governor, like you said Brooks is the real deal.
Mr. AI Google has this to say:
Provider-induced demand, also known as supplier-induced demand, is a concept in healthcare economics where healthcare providers, particularly physicians, influence patients’ demand for services, potentially leading to unnecessary or excessive utilization of healthcare resources. This occurs due to information asymmetry, where providers possess more knowledge about medical needs and treatment options than patients, and can use this knowledge to their advantage.
I say: Follow the money. Why is the legislature lavishing money on mental health providers during the last two sessions? Cui bono?
Great article. I am sure in a child’s day they can go through all the emotions and if you catch that emotion during a test what are you really getting?
I heard it was Merrick Garland’s son in law’s company that is going to provide the testing for the children.